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Stock Market & Financial Investment News

News Breaks
August 15, 2014
18:05 EDTNOCNorthrop Grumman awarded $240.7M government contract modification
Northrop Grumman Systems Corp., San Diego, California, has been awarded a $240,653,315 primarily firm-fixed-price modification for FA8620-13-C-3018 for three Block 30M RQ-4B Global Hawk air vehicles, each containing an Enhanced Integrated Sensor Suite and an Airborne Signals Intelligence Payload, plus two additional ASIP sensors as retrofit kits. The total cumulative face value of the contract is $354,870,536. The contract modification is for the definitization of the advance purchase agreement. Work will be performed at San Diego, California, and is expected to be completed by June 30, 2017. Fiscal 2012 aircraft procurement funds in the amount of $240,653,315 are being obligated at time of award. Air Force Life Cycle Management Center/WIG, Wright-Patterson Air Force Base, Ohio is the contracting activity.
News For NOC From The Last 14 Days
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November 24, 2014
09:19 EDTNOCDefense Secretary Hagel said to be stepping down, NY Times reports
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November 20, 2014
08:04 EDTNOCNorthrop Grumman appoints Patrick M. Antkowiak as CTO
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November 19, 2014
13:16 EDTNOCNorthrop Grumman awarded $121M contract by NASA
Northrop Grumman Corporation has been awarded a $121M contract by NASA to build and deliver the third Advanced Technology Microwave Sounder for NOAA's Joint Polar Satellite System. Under the cost-plus-award-fee contract, Northrop Grumman will manufacture, test and deliver the ATMS instrument, support instrument integration on the JPSS-2 spacecraft, and provide launch and post-launch support. This ATMS instrument will be the third flight unit overall and is slated for launch on the second JPSS satellite in 2021. The second ATMS is scheduled for delivery in the spring of 2015 to fly aboard the JPSS-1 satellite, which is scheduled to launch in 2017. NASA is responsible for developing and building the JPSS instruments and spacecraft, and NOAA is responsible for operating the JPSS satellites and providing data to users around the globe.
09:13 EDTNOCNorthrop Grumman to hold a media briefing
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November 18, 2014
09:02 EDTNOCNorthrop Grumman awarded $116M contract by U.S. military
Northrop Grumman has received an award of $116M to upgrade AN/AAQ-28 LITENING Advanced Targeting Systems for the U.S. military. Under the terms of the existing indefinite delivery/indefinite quantity contract, Northrop Grumman will provide upgrades and spares to the Air Force, Air Force Reserve, Air National Guard and Marine Corps. This award will bring all Air Force Block 1 pods to the G4 configuration, completing the service's transition to the latest version of the LITENING system.
November 17, 2014
08:18 EDTNOCNorthrop Grumman awarded Marine Corp. helicopter computer contract
Northrop Grumman has been awarded a contract from Naval Air Systems Command to deliver its next-generation mission computer for the Marine Corps' H-1 helicopter upgrade program. Under this contract, Northrop Grumman will provide FlightPro Gen III mission computers for the UH-1Y and AH‑1Z aircraft. These aircraft will be the first to benefit from the latest model in the FlightPro product line. Deliveries will be completed by October 2017.
November 14, 2014
09:31 EDTNOCNorthrop Grumman downgraded to Hold from Buy at Drexel Hamilton
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09:02 EDTNOCNorthrop Grumman awarded $210M contract from US Air Force
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November 12, 2014
11:03 EDTNOCNorthrop Grumman awarded $306M contract from DoD
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08:05 EDTNOCGoldman to hold a conference
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